Scrappage scheme success continues into July

6 August 2009

The success of the vehicle scrappage scheme has continued into July, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT).

In July, 21.0% of the total 157,149 new car registrations were as a result of the scrappage incentive scheme, giving a much-needed boost to the UK motor industry. In the commercial vehicle sector, 499 vans were registered under the scheme, accounting for 1.5% of the total scrappage registrations and 3.6% of overall van registrations in July.

“The scrappage scheme has contributed to the first increase in new car registrations since April last year,” said Paul Everitt, SMMT chief executive. “Smaller, lower-CO2 emitting cars are taking the lion’s share of registrations which will have a positive impact in reducing emissions as well as boosting the UK motor industry.”